House Republican leaders spent nearly five hours at the White House on Thursday – some of it with President Donald Trump – as ...

WASHINGTON—House Republicans, struggling with their narrow majority and lawmakers’ demands for spending cuts, are considering an extension of President Trump’s expiring tax cuts that would last for as ...

The Internal Revenue Service has set its calendar for the upcoming tax-filing season: Americans can start submitting their income-tax returns on Monday, Jan. 27. As people send in their 2024 ...

Enter your annual pre-tax salary. Enter your percentage pension contribution, if you know it. This step is optional. Select ‘Yes’ or ‘No’ to indicate whether you live in Scotland – this ...

The gap between US federal spending and tax revenue is currently bigger, as a share of gross domestic product, than it’s ever been outside of major war or other crisis. Is that because spending is too ...

17% believe that you can write anything off as a business expense when filing your taxes. 20% believes that students don’t need to file taxes 13% say that if you’re paid in cash, you aren’t ...

High taxes and a lack of investment are deterring tourists from visiting the UK, ministers have been warned. Failure to take action could result in the UK’s travel and tourism industry missing out on ...

The IRS has strict rules on the types of home improvements that qualify for a tax write-off. Generally, you can’t write off home repairs — general fixer-upper tasks like a fresh coat of paint ...

What billionaires and giant corporations pay in taxes—and what that means for the rest of us. “We can either have democracy in this country, or we can have great wealth concentrated in the hands of a ...

Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and benefits available to you to reduce your ...

Jan 16 (Reuters) - Scott Bessent, U.S. President-elect Donald Trump's choice to head the Treasury Department, on Thursday said that extending Trump's 2017 tax cuts that are set to expire at the ...